Learn About The First-Time Homebuyer's Credit

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Abugida
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Learn About The First-Time Homebuyer's Credit

Unread post by Abugida » 24 Jan 2010 02:18

Learn About The First-Time Homebuyer's Credit



In November, 2009, the federal government extended and expanded the popular First-Time Homebuyer's Credit. It lets you trim your tax bill by up to $8,000. Sign a contract to buy a home before April 30, 2010 and then close on it by June 30, 2010 and you can claim the credit on your 2009 or your 2010 tax return.

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